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To travel more you need to earn more, it is time we talk about supplementing our incomes to support our thirst for travel.
Most of us have a day job which keeps us all busy. There is not much time left in the day after office, trip planning and chores. That does not mean that you cannot supplement your income with odd jobs.
Options range from Freelancing to Setting up a Shop. We did a small comparison and listed what we believe to be Pros and Cons of both these and a few sources to get you started.
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1. EARN MORE
To Travel More
Parul Sharma
Longing Travel
2. Freelancing
1
Pros
Why We Like It
Most common way of increasing your income.
Can be done even on the road.
You can use your current expertise
Even if you do not have any expertise you can
start with odd jobs
You can put it up on your resume when you
come back from your year long trip
You can start working online even if you have no
real world connections
Earn More
To Travel
More
Longing Travel
3. Freelancing
1
Cons
Why We Don't
Very time consuming especially for those with a
full time job
People tend to get addicted to the money and
forget why they started it in the first place
Not always satisfying, most jobs are just regular
clockwork jobs
Depends highly on internet connection (at least
for nomads), which is still a liberty in many parts
of the world
Rates are going lower everyday, don't be
tempted to bottom out yours
Earn More
To Travel
More
Longing Travel
4. Freelancing
1Sources
Where to Start
Two kinds of freelancing Marketplaces
Where you set up shop
Where you bid on projects
Earn More
To Travel
More
Longing Travel
Set up shop at
- Fiverr
- Fourer
- Etsy
- Big Cartel
- Other niche
specific websites
Bid at
- Odesk
- Guru
- Elance
- Freelancer
- Other niche
specific websites
5. Set up Shop
2
Pros
Why We Like It
You set up your own business
There is a market for almost anything you can
think of
You can establish your brand and then automate
In the long run you will be spending far less time
for each dollar you earn as compared to
Freelancing
You stand to loose less money in case you
cannot work for a few days to weeks
It is possible to actually take a break, hand over
the business to someone for a while and your
customers will not even know.
Earn More
To Travel
More
Longing Travel
6. Set up Shop
2
Cons
Why We Don't
It can be overwhelming for many from getting
hold of an Idea to executing it.
It might require a considerable capital investment
It will require long hours and energy up front for a
few years at least
There are more risk factors involved as
compared to Freelancing
In reality there are no major drawbacks just a lot
of excuses. This is an awesome way to earn
more.
Earn More
To Travel
More
Longing Travel
7. Set up Shop
2
Sources
Where to Start
Start online on sites like Etsy, Big Cartel, Ebay,
Amazon etc.
Those scared of production lines and
collaborating with factories can start with
handmade products or online products.
Join and listen to some of the best business
podcast and blogs. you will need as much
information as you can get.
It is important to start than to start at the exact point.
Earn More
To Travel
More
Longing Travel